The U.S. Federal Reserve ordered another steep boost in interest rates on Wednesday, fueling concern about a global recession. According to a recent survey by CGTN Global Business and the Chinese Institute of Public Opinion at Renmin University of China, more than 90% of the 100 economists surveyed said that U.S. rate hikes increased the risk of stagflation and heightened the debt risk of developing countries. In this episode of BizBeat, CGTN's Zhu Zhu explains.